143
143
Dec 27, 2012
12/12
by
KPIX
tv
eye 143
favorite 0
quote 0
higher taxes will give the average american about $1,500 less to spend next year. and economists believe the $110 billion spending cuts will result in more layoffs. senator harry reid has a plan to keep taxes low for everyone making less than $250,000 a year as well as short term spending cuts until a bigger dooley can be reached. >> it is going to be a patch because in four days we can't solve everything. >> reporter: while senators try to brave the bad weather that has hit many parts of the country, in order to make it back here to washington, house leaders say they will not leave home unless the senate passes its bill first. >> good morning? >> reporter: house republicans scuttled the proposal from speaker john boehner last week and 48% of americans say they are to blame if no deal is reached. >> both sides here have a problem with the american people and it's why congress has 11% job approval rating. >> reporter: republican pollster frank lund says americans are fed up with gridlock in washington. >> there is no compromise and i think that's going to grow as a
higher taxes will give the average american about $1,500 less to spend next year. and economists believe the $110 billion spending cuts will result in more layoffs. senator harry reid has a plan to keep taxes low for everyone making less than $250,000 a year as well as short term spending cuts until a bigger dooley can be reached. >> it is going to be a patch because in four days we can't solve everything. >> reporter: while senators try to brave the bad weather that has hit many...
228
228
Dec 28, 2012
12/12
by
KPIX
tv
eye 228
favorite 0
quote 2
many republicans are against any tax increases. most americans just want something to be done. >> people are just tired of partisanship and they want everyone to come together. >> reporter: if lawmakers don't reach a deal by january 1, many economists are concerned it could eventually lead to another recession. i'm ed payne reporting. >>> president obama appears to have more backing from the public in budget negotiations. a gallup tracking poll released wednesday gives mr. obama 54% support compared to 26% for house speaker john boehner. >>> 5:02. a looming dock worker strike threatens to hurt the economy, as well. longshoremen are locked in negotiations with shipping companies over royalties paid to workers for each ton of cargo they move. a shutdown would impact 15 ports along the east coast and the gulf and officials estimate it will cost $1 billion a day. >>> 5:03. let's check traffic and weather. we had a break yesterday but i guess rain is coming back. >> it's all gone. >> hello. >> it didn't last very long. we got rain headi
many republicans are against any tax increases. most americans just want something to be done. >> people are just tired of partisanship and they want everyone to come together. >> reporter: if lawmakers don't reach a deal by january 1, many economists are concerned it could eventually lead to another recession. i'm ed payne reporting. >>> president obama appears to have more backing from the public in budget negotiations. a gallup tracking poll released wednesday gives mr....
193
193
Dec 26, 2012
12/12
by
KPIX
tv
eye 193
favorite 0
quote 0
leader harry reid was reportedly at the capital on christmas working on a scaled-down plan to avoid tax hikes for all about the wealthiest americans. his plan would include short term spending cuts instead of long-term deals that had been sought. >>> from hawaii. comes word that president obama will cut short vacation and return to washington later today to take part in "fiscal cliff" negotiations. christmas day the president and first lady met with servicemembers and their families. the president told the marines he was grateful for their service and posed pour pictures. >>> recent college graduates are having a tough time getting jobs in their desired lines of work. according to the latest u.s. census figures about 2 60,000 young adults with college degrees in california are working in food service and retail. >> couldn't get a job in the field that i wanted to so i figured i have to start at the bottom. >> without higher paying jobs, it's that much harder for graduates to pay back student loans weapon tuition rising across the nation. >>> the holiday season isn't what it used to be f
leader harry reid was reportedly at the capital on christmas working on a scaled-down plan to avoid tax hikes for all about the wealthiest americans. his plan would include short term spending cuts instead of long-term deals that had been sought. >>> from hawaii. comes word that president obama will cut short vacation and return to washington later today to take part in "fiscal cliff" negotiations. christmas day the president and first lady met with servicemembers and their...
179
179
Dec 31, 2012
12/12
by
KPIX
tv
eye 179
favorite 0
quote 0
republicans want tax rates to stay where they are. taxes seem to be the biggest obstacle to a compromise. but others want to see government spending put in check. >> the president is doing nothing about the addiction of his administration he has to spending. he is the "spender-in-chief." >> reporter: president obama says he is willing to do that. >> i offered over a trillion dollars in additional spending cuts so that we would have $2 of spending cuts for every $1 of increased revenue. >> the senate stands in recess. >> reporter: the senate reconvenes at 11 a.m. so as americans celebrate the beginning of 2013, they may wake up wishing it were 2012 when they had more money in their pockets. i'm andrew spencer reporting. >>> just to clarify, the mid into the deadline is 9:00 our time. if the deadline comes and goes, there could still be some wiggle room if the president and lawmakers appear to be working toward an agreement. the tax hikes and spending cuts could be held at bay for a few weeks, then could be repealed retroactively once t
republicans want tax rates to stay where they are. taxes seem to be the biggest obstacle to a compromise. but others want to see government spending put in check. >> the president is doing nothing about the addiction of his administration he has to spending. he is the "spender-in-chief." >> reporter: president obama says he is willing to do that. >> i offered over a trillion dollars in additional spending cuts so that we would have $2 of spending cuts for every $1 of...